Preparing lists and organizing final accounts
$2,300.00
Objectives
- To introduce participants to basic accounting concepts and how to flow accounting data through the accounting system
- Defining the participants in the accounting course and the methods of recording and migrating the accounting and inventory adjustments.
- Provide the participants with the skills to apply the procedures for determining the expenditure and revenue related to the financial period
- Provide participants with the ability to close accounts and prepare final accounts and budgets
- Define the participants' basic financial statements, their importance and the benefits of each financial statement.
Who Should Attend?
- All employees working in finance departments
- Senior accountants and financial supervisors
- Financial Managers
- Financial observers
Seminar Outline
- Accounting Principles and Rules
- Basic accounting concepts and principles
- Principles and elements of accounting function
- Financial accounting terminology (assets, expenses, profit, cash audits, etc.)
- Financial statements: definition, uses
- The difference between accounting according to monetary basis and accounting according to the accrual basis
DAY 1
- The accounting information system: its concept, its objectives, the difference between knowledge, data and information
- Documentary Group, Book Group
- Accounting and financial instructions
- Different accounting methods
DAY 2
- The stages of the accounting cycle
- Analysis of financial operations as a double-entry basis
- Budget equation
- Accounting for Financial Operations
- Classification and classification of financial transactions in the ledger
- Summary of financial operations through the audit balance
- Practical cases
DAY 3
- Settlement of accounts
- Adjustment of expenses
- Revenue Adjustment
- Identification of receivables and introductions
- Preparing the balance of the audit after the settlement
- Various practical situations
DAY 4
- Preparation of settlement restrictions
- Set up lockout restrictions for accounts
- The balance of the audit after the closure restrictions
- Preparation of financial statements and final accounts of the revised audit balance
- Use the accounting worksheet to set up settlement and closing restrictions
